RESIDENTIAL
RURAL
. This attractive 4-plex in Blackfalds is listed at $675,000 and generates a gross rental income of $57,600 per year. With tenants covering all gas and electric costs via individual meters, the owner is responsible for water, sewer, and garbage services at approximately $350 per month (around $4,200 annually). Each unit features 2 bedrooms, with a 4-piece bathroom in the basement and a 2-piece bathroom on the main floor. Additional annual expenses include property taxes of $5,656, insurance of $4,934 (as reported last year), and minimal maintenance costs—about $1,000 in miscellaneous expenses in 2024. Management fees are set at 8.5% of the gross income, which comes to roughly $4,896 per year, and the property has enjoyed no vacancies in recent years. With these expenses, the net operating income comes to approximately $36,914, resulting in a cap rate of roughly 5.5%. Located beside both the Eagle Hockey Area and the Blackfalds Library, this property presents a compelling investment opportunity in a prime location.
Listing Brokerage: Maxwell Real Estate Solutions Ltd.
For sale, a fully equipped turn-key restaurant and bar at 14 Railway Avenue South, Lomond, Alberta. This property features a recently renovated kitchen, a rebuilt and extended bar area, triple-insulated front wall, new front windows and back security door, updated electrical work, industrial vinyl plank flooring, new furnace and air conditioning, and fresh paint throughout. The space includes a stainless steel kitchen ventilation system with vertical exhaust, a range guard automatic fire extinguisher system (installed in 2012), and new stairs. With a seating capacity of 53 in the restaurant and 47 in the lounge/bar, there is also potential for VLTs and off-sales. The property draws from a 6,000+ population and is located near local amenities including a firehall, Canada Post, library, UFA, bank, Coop supply and service, skating rink, and curling rink. Ongoing local developments include a solar farm and 80 windmills, with close proximity to K-12 schools. This is a fantastic opportunity to own a well-established, fully renovated restaurant and bar in a growing community.
This is a rare offering in this building. One of the largest units in the building a top floor corner unit with 2 bedrooms plus den, 2 bathrooms with underground parking and south facing balcony. This property features tons of upgrades including in floor heating throughout the entire unit, stainless steel appliances, quartz counter tops, 9 foot ceilings, carpetless and many more features!! This property is close to many amenities and easy access to Stoney trail!! This property will sell fast get in touch today!!!
Listing Brokerage: CIR Realty
Are you looking for a brand-new home with a secondary Kitchen, a secondary Laundry room and a separate entrance? This is the one, 328 Somerside Road SE in Southlands of Medicine Hat. The estimate completion date is in September this year. It’s a stunning bungalow. You’ll have 2 sets of kitchens, 2 sets of laundry rooms and 2 sets of hot water on demands. New TAB HOMES LTD and DP76 CONSTRUCTION build this dream home that combines comfort, convenience, fashion and affordable. It’s a great buy and suitable to all buyers, especially who has few generations, working young families would like a passive income for the mortgage and investors. This luxury and smart home has quartz countertops for the kitchens and the washrooms, vinyl planks flooring, and an attached double size garage. Don’t miss out this opportunity to own a home that doesn’t come on the market often. RMS square footage is based on builder plans.
Listing Brokerage: ROYAL LEPAGE COMMUNITY REALTY
PRIME LOCATION!! This 5.76 acre plot of land is located on the North end of bustling Blackfalds. Surrounded by more residential development and located just North of busy Broadway Ave and Aspen Lakes Boulevard, this property is the perfect investment opportunity for investors and developers alike. Zoned RES for residential development, this land is ready for your development ideas!
Foothills land for sale can come in many forms, with different types of listings popping up on the market daily. While
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